socalTECH

OCTOBER 13, 2017

Santa Monica-based Wavemaker Ventures has raised a new, $66M venture capital investment fund, for its Southeast Asia efforts, the company said this week. According to Wavemaker, the fund exceeded what had been an initial $50M initial target for its investment fund. READ MORE>>.

Invest 113

Invest Southern California Funding Draper 113

socalTECH

OCTOBER 19, 2021

A new, Santa Monica-based venture fund, UP.Partners, said on Monday afternoon that it has raised a $230M, early stage venture capital fund focused on transportation and logistics. UP.Partners is led by Managing Directors Adam Grosser, Cyrus Sigari and Ben Marcus.

Funding 113

Funding Santa Monica Venture Capital Mobile 113

socalTECH

AUGUST 5, 2020

Santa Monica-based private equity investor Clearlake Capital Group, L.P. , as well as funds from Blackstone Tactical Opportunities, have increased their investment in New York-based Diligent , a developer of portal software for corporate boards. Financial details of that investment were not announced.

Software Review 113

Software Review Invest Santa Monica Equity 113

socalTECH

APRIL 15, 2020

Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. READ MORE>>.

Funding 133

Funding Draper Santa Monica Pasadena 133

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm's second fund closed at the end of 2015, and was worth $50M.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

JANUARY 14, 2021

Santa Monica-based March Capital (formerly March Capital Partners) announced on Thursday that it has raised its third fund, March Capital Fund III, which it closed at $450M in commitments. According to the firm, the new fund is focused on enterprise software companies, and included both existing and new investors.

Capital 113

Capital Funding Santa Monica Invest 113

socalTECH

AUGUST 27, 2015

Santa Monica-based ,a href="[link] OnDemand , the developer of cloud-based, talent management software, said this morning that it has made investments in four companies, from the Cornerstone Innovation Fund. Size of the investments in each company were not announced.

Cornerstone OnDemand 100

Cornerstone OnDemand Invest Company Companies 100

socalTECH

MAY 14, 2019

NetDocuments , the developer of a cloud-based platform for managing the documents of law firms and corporate legal and compliance departments which is backed by Santa Monica-based private equity investor Clearlake Capital , has scored a new, strategic funding. Size and terms of that investment was not announced by the companies.

Invest 113

Invest Santa Monica Equity Platform 113

socalTECH

APRIL 1, 2019

Santa Monica-based startup studio Science Inc. founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. READ MORE>>.

Dollar Shave Club 140

Dollar Shave Club Venture Capital Capital Funding 140

socalTECH

JULY 10, 2013

Local Santa Monica-based venture investor Siemer Ventures has boosted its total number of investments to 55 companies, the firm announced this week, after adding nine new companies in the second quarter of the year. Siemer has been a significant presence in early stage funding for startups in Silicon Beach.

Santa Monica 170

Santa Monica Company Companies Southern California 170

socalTECH

MARCH 10, 2014

A new, Los Angeles-based venture capital firm-- TYLT Lab --said Monday that it has raised $20M in an initial close towards its early stage, seed investment fund. According to the new venture firm, it is focused on early stage, seed to A-round investments, with a focus on Southern California companies, and specifically Silicon Beach.

Southern California 185

Southern California Invest Santa Monica SoCal 185

socalTECH

JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

socalTECH

MAY 10, 2018

Santa Monica-based private equity investor Arrowroot Capital has invested $38M in big data and analytics software developer ClickFox , according to a regulatory filing from ClickFox this week. The funding, without financial details, was announced on April 30th. in the funding round. READ MORE>>.

Capital 100

Capital Invest Santa Monica Equity 100

socalTECH

SEPTEMBER 16, 2014

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. The fund would seek to invest in companies started on campus, from University research, and from students. READ MORE>>.

Venture Capital 223

Venture Capital UCLA Capital UCSD 223

socalTECH

MARCH 30, 2018

Santa Monica-based Halogen Ventures , a brand new, female-focused venture capital fund which is focused on consumer technology, has raised $10.4M as part of its first fund, Halogen Ventures LP. The fund says it makes early stage venture capital ivnestments in female founded consumer technology companies.

Draper 133

Draper Santa Monica Funding Venture Capital 133

socalTECH

MAY 24, 2016

Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. READ MORE>>.

Capital 172

Capital Funding Clearstone Internet Brands 172

socalTECH

AUGUST 21, 2019

Santa Monica-based Tala , the fintech startup led by CEO Shivani Siroya, has raised $110M more in a Series D funding round, the company said this morning. The funding was led by RPS Ventures, and also included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, and PayPal.

Funding 113

Funding Santa Monica Venture Capital Mobile 113

TechCrunch LA

MARCH 7, 2018

The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif.,

Santa Monica 213

Santa Monica Technology Venture Capital Los Angeles 213

socalTECH

SEPTEMBER 21, 2017

Santa Monica-based Tuition.io , which helps employers offer up student loan repayment assistance as part of their employee benefits, has raised $7M in a Series B funding round, the company said today. says so far that it has signed up such clients as Live Nation, Staples and Fidelity Investments to its programs.

Funding 133

Funding Santa Monica Venture Capital Sales 133

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. The debt facility was provided by Ally Financial.

Equity 100

Equity Invest Santa Monica Tool 100

socalTECH

SEPTEMBER 11, 2014

Santa Monica-based Visio Internet , which develops Internet sites for governments, has raised a round of growth capital, according to the company. The funding came from Caltius Equity Partners. Size of the investment was not disclosed. As part of the funding, Vision Internet said it has named David M.

Equity 174

Equity Invest Santa Monica Web Development 174

socalTECH

NOVEMBER 24, 2020

Santa Monica-based Quid , which offers up a way for private company employees to gain liquidity even before their startups are purchased or have an initial public offering, said on Monday that it has raised $320M in a second fund. Quid is managed by Josh Berman, Anthony Tucker, and Samit Varma. READ MORE>>.

Funding 113

Funding Anthem Santa Monica Capital 113

Both Sides of the Table

JUNE 27, 2013

I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). This month we closed our 4th fund of $200 million.

Funding 343

Funding Santa Monica Venture Capital Startup 343

socalTECH

MAY 1, 2019

Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. As part of the funding, Peter Liguori (former CEO of Tribune Media) joins the company's board of directors.

Funding 113

Funding Santa Monica Advertising Platform 113

socalTECH

JANUARY 3, 2013

Silicon Valley law firm Cooley LLP made some big waves in July with an expansion into "Silicon Beach" and a new office in Santa Monica. It's unclear how and if the new venture fund will invest in any of the firm's new Silicon Beach clients. READ MORE>>.

Funding 200

Funding Santa Monica Invest Equity 200

socalTECH

AUGUST 2, 2017

Santa Monica-based March Capital Partners , along with another local investor, Crosscut Ventures , have both made investments in a new Techstars company, Branch Messenger , Branch announced this morning. The company said it has raised $10M in funding, including a $6.8M READ MORE>>.

Capital 113

Capital Invest Santa Monica Los Angeles 113

socalTECH

APRIL 25, 2014

Santa Monica-based Stockr , the online stock-focused, social network which was founded by Vinny Jindal, Tim Symington and Brendon Crawford, has scored a new round of angel funding. The funding included STAR Angel Network, the New York City angel network founded by the NBA''s Jared Jeffries. READ MORE>>.

Funding 153

Funding Santa Monica Social Network Networking 153

socalTECH

OCTOBER 18, 2013

Southern California technology companies raised $709.8M Los Angeles led the region in investments, with $348.6M in investments; San Diego followed, with $205.2M in venture capital raised in Q3; Orange County had $155.96M in investments for the quarter. in investment. in investment. billion, in 1005 deals.

Southern California 234

Southern California Orange County Tech Coast Angels Company 234

socalTECH

NOVEMBER 6, 2017

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others. MetricStream is based in Palo Alto, California.

Capital 113

Capital Funding Santa Monica Equity 113

socalTECH

OCTOBER 3, 2019

Santa Monica-based scooter startup Bird has gone back to the well once more, and has raised a big, $275M Series D funding round, the company said on Thursday. Bird said the round was led by CDPQ and Sequoia Capital, and gives the company a $2.5 billion pre-money valuation.

Funding 100

Funding Santa Monica Demand Capital 100

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

Both Sides of the Table

SEPTEMBER 15, 2022

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

SEPTEMBER 21, 2017

Santa Monica-based March Capital Partners has joined in another funding round for Palo Alto-based Activehours , as part of a $39M funding. Activehours said the new, $39M investment round was led by Andreessen Horowitz, and also included Matrix Partners, Ribbit Capital and March Capital Partners. READ MORE>>.

Capital 113

Capital Funding Santa Monica Mobile 113

socalTECH

JULY 1, 2019

Santa Monica-based Upfront Ventures has launched an effort to raise a new fund, worth $250M, according to a regulatory filing by the firm. According to that filing, Upfront's new fund, Upfront Growth III, L.P. does not yet have any committed investors, and is led by Mark Suster and Yves Sisteron. READ MORE>>.

Funding 124

Funding Santa Monica Capital Company 124

socalTECH

APRIL 12, 2017

billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report , issued by PricewaterhouseCoopers LLP and CB Insights. invested across 71 deals in Q2 of 2017 in LA and Orange County, and $202.37M invested in San Diego for the quarter across 32 deals.

Venture Capital 113

Venture Capital Southern California Orange County Invest 113

socalTECH

NOVEMBER 27, 2018

Santa Monica-based venture investor March Capital is one of the lead investors in a new, video game publishing startup called Nifty Games , in a $3M funding round, announced on Tuesday by Nifty Games.

Capital 113

Capital Funding Santa Monica Seed Funding 113

TechCrunch LA

MARCH 9, 2018

“It feels like investing in Uber when it first launched.” ” That’s what one investor said of the hot new Santa Monica, Calif.-based

Santa Monica 279

Santa Monica Invest Startup Yammer 279